Market Scheming

Tuesday, August 9, 2011

S&P 500 drop Recap and Marc Faber logically breaks down exactly what is wrong with the world economy and how to fix it



Zerohedge provides commentary + transcript of the interview

Ultimately the next 2-5 months will be an illusion, where a bounce in the economy is strictly due to technical levels (outlined in previous posts before the heavy selling came into the market: S&P 500 Analysis | August 2011 | Bear Market emerges  & S&P 500 Analysis | Long Term Outlook | Economic End of Days?).

Technical charts for S&P 500 July-August 2011, for analysis see the above links

July 27th, 2011

August 2nd, 2011

August 9th, 2011

 Things are getting real folks.  Metals one year from now are likely to be easily 30-50% higher especially gold, silver.



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